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globalEDGE Blog - Page 273

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It's time for our readership to be rewarded with yet another blog series! This week's series will be focusing on contemporary issues in the retail industry  The topcs we'll be covering include an overview of the top global firms in the retail business, a look at the ever-so-fashionable fashion industry, consumers, and last-but-not-least, purchasing behavior, and how consumers are shopping in new, different ways.

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The business of online dating has been around for years and while it works for some, others find it intimidating or impersonal. Therefore, Gao Shan had a new creating idea. He opened a market called "" in Beijing.

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With the beginning today, the world looks on with anticipation. The first ever Olympic Games were held way back in 776 BC. Since then, things have obviously changed quite a bit. Everything from the events, to who competes in them, to how we watch them has drastically changed. Until 1960 the Olympics were not televised, but since then businesses all over the globe have taken advantage of the major publicity the Games receive.

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With the earthquake disaster in Haiti a few weeks ago, a tremendous outpouring of various forms of aide from around the world has been deployed to the country. Organizations and individuals alike have devoted financial and human resources to help get the country back on its feet. In light of the disaster, technology has come to the forefront and demonstrated the power of world networks. In this case, the use of technology has been paramount in raising financial support for the disaster.

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Collecting, compiling, and organizing international business data is difficult and costly. Many scholars and firms do not have the resources necessary to conduct rigorous international business research. Finding comparable time series data is also a labor intensive task. These complexities often mean that international business studies include a smaller sample of countries and firms, often without the desirable power and quality. Have you ever been assigned a research project and don't know where to start? Are you looking for key statistics about a country when deciding whether or not to expand your business there? Look no further than globalEDGE's !

The Database of International Business Statistics (DIBS) will allieviate much of the stress you will feel when trying to compile all of this data. All of this data is in an easily accesible database, and the best part is, it's free! All you need to do is register. Here's a little sampling of the data (look at all that you can learn using DIBS!):

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Many companies launch a new product and enjoy high sales if the product is successful, but somewhere along the line they forget that it will not be as profitable infinitely. The business world today is extremely competitive, especially since there are many products that differentiate very slightly from each other. Therefore, spending some time to think on possible ways to improve a product should constantly be on the daily agenda.

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It’s no secret that large corporations have been under speculation for overspending on top executives. Extravagant trips and parties for these executives seem to be a thing of the past, at least for the time being. Once it was leaked how some executives were being treated, companies began to cut back. In the fall of 2008 there was a major drop in business travel which hurt the hotel and flight industries. Will it ever bounce back to where it was, or are companies ?

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Now is the time to think about ways to expand your international sales!  The United States Department of Commerce, International Trade Administration has just started a new series of webinars to help businesspeople learn about topics ranging from identifying new international markets to understanding export controls.